Future Impact of The US Dollar Losing Reserve Currency Status
The US dollar reserve currency status faces unprecedented threats right now as de-dollarization movements are accelerating globally and gaining real momentum. The value of the dollar has dropped sharply this year (down 7.9%) and the widespread uncertainty about US trade policies is causing big financial risks that could transform how the world economy is handled. Also Read: De-Dollarization: Full List of Countries Dropping the US Dollar & Key Reasons The Risks and Market Volatility From The US Dollar Losing Reserve Currency Status Source: Watcher Guru Trade Policies Are Accelerating Dollar Rejection Quite a few experts now say that recent tariff changes have caused de-dollarization to move at an unexpectedly swift pace. It is now being questioned whether the dollar can still be the world’s main reserve currency. This happens especially after it dropped over 1% in just one day and reached a three-year low. George Saravelos from Deutsche Bank had this to say: “The market is reassess...